A Chance for Change Foundation: Comprehensive Market Research Report

Background

Overview

A Chance for Change Foundation is a non-profit organization dedicated to reducing extreme poverty in Zambia. Established in 2021, the foundation focuses on empowering individuals through targeted skills training, essential resources, and innovative solutions that promote entrepreneurship, financial inclusion, and sustainable community development.

Mission and Vision

• Mission: To identify and support individuals and families living in poverty by providing targeted skills training, financial support, and guidance, thereby fostering economic empowerment and self-reliance.

• Vision: A Zambia free from poverty, where every family enjoys equitable access to opportunities and resources for sustainable growth and lasting prosperity.

Primary Area of Focus and Industry Significance

The foundation operates within the non-profit sector, focusing on poverty alleviation through sustainable economic opportunities, education, and partnerships with local and international organizations. Its initiatives are significant in addressing the high unemployment rates in Zambia, particularly among youth, and in promoting inclusive development.

Key Strategic Focus

Core Objectives

• Economic Justice through Agriculture: Empowering small-scale farmers with sustainable agricultural methods and market access to enhance incomes and livelihoods.

• Skills for Growth and Empowerment: Providing vocational training programs, especially for women and youth, to promote financial independence and career development.

• Digital Inclusion for All: Bridging the digital divide by offering digital skills training in rural and underserved areas to ensure success in the digital economy.

• Food and Nutrition Security: Supporting sustainable food production and increasing access to nutritious, locally sourced food to improve health.

• Climate Resilience & Sustainability: Promoting climate-resilient agricultural practices and sustainable resource management to help communities adapt to environmental challenges.

• Advocacy & Inclusive Development: Advocating for fair policies and amplifying marginalized groups' voices to effect long-term change.

Specific Areas of Specialization

The foundation specializes in:

• Agricultural empowerment

• Vocational and digital skills training

• Food security initiatives

• Climate resilience programs

• Policy advocacy for inclusive development

Key Technologies Utilized

The foundation employs various technologies, including:

• Digital platforms for training and education

• Sustainable agricultural technologies

• Data analytics for program monitoring and evaluation

Primary Markets or Conditions Targeted

The foundation primarily targets:

• Smallholder farmers in Zambia

• Youth and women seeking vocational training

• Communities in rural and underserved areas

• Marginalized groups requiring advocacy and support

Financials and Funding

Funding History

As a non-profit organization, A Chance for Change Foundation relies on various funding sources, including:

• Donations from individuals and corporations

• Private foundation grants

• Partnerships with local and international organizations

Total Funds Raised

Specific figures regarding the total funds raised are not publicly disclosed.

Recent Funding Rounds

Details about recent funding rounds are not publicly available.

Notable Investors

The foundation has received support from various donors and partners, including:

• The Saïd Foundation

• The Goldsmiths' Company

• City & Guilds

• Individuals such as James Scott, Shmail Khan, and Rajeev Philip

Intended Utilization of Capital

The capital raised is utilized for:

• Implementing educational and vocational training programs

• Supporting sustainable agricultural initiatives

• Providing digital skills training

• Advocacy and policy development

• Operational expenses to maintain and expand programs

Pipeline Development

Key Pipeline Candidates

The foundation's key initiatives include:

• Friends of Pentonville: A project supporting educational proposals within HMP Pentonville, including the building of a bicycle repair training workshop.

Stages of Clinical Trials or Product Development

As a non-profit organization focused on community development, the foundation does not engage in clinical trials or product development.

Target Conditions

The foundation addresses:

• Poverty

• Unemployment

• Food insecurity

• Digital exclusion

• Climate change impacts

• Lack of inclusive development policies

Relevant Timelines for Anticipated Milestones

Specific timelines for upcoming milestones are not publicly disclosed.

Technological Platform and Innovation

Proprietary Technologies

The foundation utilizes proprietary digital platforms for training and education, sustainable agricultural technologies, and data analytics tools for program monitoring and evaluation.

Significant Scientific Methods

The foundation employs:

• Sustainable agricultural practices

• Digital skills training methodologies

• Data-driven program evaluation techniques

AI-Driven Capabilities

While the foundation leverages technology in its programs, specific AI-driven capabilities are not detailed in the available information.

Leadership Team

Executive Profiles

• John Sakala: Executive Director

• Professional Background: Dynamic NGO executive with a proven track record in nonprofit leadership, strategy development, and community empowerment. Holds a background in Demography and Development Studies from the University of Zambia and specialized training in NGO management.

• Key Contributions: Instrumental in transforming the organization from its inception into a thriving force for social change, driving initiatives that uplift communities and promote economic empowerment.

• Wakunuma Lishomwa: Director of Finance

• Professional Background: Seasoned finance professional with extensive experience in the non-profit sector. Holds a degree in Demography and Development Studies from the University of Zambia.

• Key Contributions: Ensures financial sustainability, strategic resource allocation, and accountability, playing a key role in advancing the organization’s mission.

• Walufu Evans: Director of Programs

• Professional Background: Certified Project Management Professional (PMP)® and PMI Agile Certified Practitioner (PMI-ACP)® with extensive experience in project management, business strategy, and nonprofit leadership. Holds a Bachelor’s Degree in Project Planning & Management and an Associate Degree in Mechanical Engineering.

• Key Contributions: Develops and implements strategic plans to drive sustainable impact in poverty alleviation initiatives, managing digital transformation and research projects.

• Max Robertson: Relationship Manager (Europe)

• Professional Background: Seasoned relationship management professional specializing in international partnerships and stakeholder engagement. Holds a background in legal education from Sweden.

• Key Contributions: Strengthens the foundation’s presence across Sweden and the broader European region, securing strategic alliances and fostering sustainable collaborations.

• Oscar Donderer: Assistant Relationship Manager (Europe)

• Professional Background: Dedicated professional supporting international partnerships in Europe, including Sweden. Holds a background in Legal Studies.

• Key Contributions: Collaborates closely with Max Robertson to strengthen relationships with key stakeholders and expand the foundation’s presence.

Leadership Changes

Specific details regarding recent significant changes or appointments within the company's leadership are not publicly available.

Competitor Profile

Market Insights and Dynamics

The non-profit sector in Zambia is characterized by a high demand for poverty alleviation programs, with a significant focus on unemployment reduction, especially among youth, and promoting inclusive development.